Commercial
Roofing represents a wide range of roofing solutions used in
the exterior part of a structure or a building. These roofing
solutions are made from a variety of materials such as asphalt,
rubber, asbestos, stone slabs and wood. Different roofing products
such as asphalt shingle, rubber shingle and wood shingles are
manufactured which are used in certain commercial applications such
as hotels, offices, malls and medical centers.
The commercial
roofing industry has remained a vital part of the industry despite
being negatively impacted by global economic downturn. However, it is
currently facing the challenge of manufacturing systems and products
to meet energy conservation guidelines and stringent building codes
while continuing to meet property owner expectations for performance.
Therefore, products and systems are being developed for increased
insulation, high performance and reflectivity in order to provide
opportunities for systematic energy efficiency gains.
The growth of the
construction industry has been one of the major factors driving the
commercial roofing market. Increasing commercialization and rising
disposable income of consumers have further contributed to the growth
of the market. However, fluctuating prices of certain energy sources
used in the manufacturing process such as crude oil have increased
the risk of limitation and unavailability, leading to either
reformulation of the products or limiting the production. Increasing
use of roofing products in green building projects is expected to
provide new opportunities for the growth of the market as buildings
with low environmental impacts are growing in importance driving
changes in the process of operating designing the buildings.
North America was
the major consumer in the commercial roofing market, followed by
Europe. However, growing construction market in emerging economies
such as China and India has led to the market penetration in
developing regions such as Asia-Pacific.
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Atlas Roofing,
Building Products of Canada, CertainTeed Corporation, Genflex Roofing
Sytems, Roofscapes Inc., and Weston Solutions Inc. are some of the
key companies dominating the commercial roofing market.
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